Morgan Stanley's bitcoin ETF opens today, giving BlackRock’s $55 billion IBIT fund its toughest rival yet
By Helene Braun
Morgan Stanley's spot bitcoin ETF, ticker MSBT, launches today featuring a low 0.14% fee and leveraging the firm's $7 trillion wealth management platform to challenge BlackRock's leading $55 billion IBIT fund. IBIT currently dominates liquidity among spot bitcoin ETFs, but MSBT aims to compete aggressively using Morgan Stanley's extensive resources.
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